India has the highest amount of foreign debt in the form of
Show Hint
- Non Resident Indian (NRI) Deposits
- Commercial Borrowings
- Loans taken from the International Monetary Fund
- Loans taken from the Bank of England
The Correct Option is B
Solution and Explanation
Step 1: NRI deposits are a significant source of foreign capital but do not constitute the largest portion of India's foreign debt.
Step 2: Loans from the IMF and the Bank of England also contribute to India's foreign debt, but they are not the largest component.
Step 3: Conclusion.
The largest portion of India's foreign debt is from commercial borrowings.
Final Answer: (B) Commercial Borrowings
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